Quantinno Capital Management LP Decreases Stake in Paramount Skydance Corporation $PSKY

Quantinno Capital Management LP lessened its holdings in shares of Paramount Skydance Corporation (NASDAQ:PSKY) by 37.5% in the first quarter, Holdings Channel reports. The firm owned 154,304 shares of the company’s stock after selling 92,415 shares during the period. Quantinno Capital Management LP’s holdings in Paramount Skydance were worth $1,392,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Victory Capital Management Inc. acquired a new position in Paramount Skydance during the third quarter valued at approximately $1,914,000. Dimensional Fund Advisors LP acquired a new stake in shares of Paramount Skydance in the third quarter worth $33,860,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Paramount Skydance in the third quarter worth $735,000. First Trust Advisors LP purchased a new position in shares of Paramount Skydance in the 3rd quarter valued at $15,877,000. Finally, Natixis Advisors LLC purchased a new position in shares of Paramount Skydance in the 3rd quarter valued at $416,000. Hedge funds and other institutional investors own 73.00% of the company’s stock.

Paramount Skydance Price Performance

PSKY opened at $9.97 on Friday. The company has a market capitalization of $11.16 billion, a P/E ratio of 34.38, a PEG ratio of 0.61 and a beta of 1.45. The company has a 50-day moving average of $9.41 and a 200-day moving average of $10.18. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.88 and a current ratio of 1.04. Paramount Skydance Corporation has a 1-year low of $7.62 and a 1-year high of $20.86.

Paramount Skydance (NASDAQ:PSKY) last released its earnings results on Tuesday, August 4th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The company had revenue of $6.91 billion for the quarter. Paramount Skydance had a positive return on equity of 4.11% and a negative net margin of 2.13%. Equities analysts expect that Paramount Skydance Corporation will post 0.58 EPS for the current fiscal year.

Paramount Skydance Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Paramount Skydance’s dividend payout ratio is 68.97%.

Paramount Skydance News Summary

Here are the key news stories impacting Paramount Skydance this week:

• Positive Sentiment: Paramount is reportedly willing to sell CNN or place it under an independent oversight board to address antitrust concerns surrounding the Warner Bros. Discovery deal. A divestiture could remove a key regulatory obstacle and improve the transaction’s chances of proceeding. Paramount stock climbs as CNN divestiture emerges as an option
• Positive Sentiment: The company’s planned 30-film theatrical commitment could support Paramount’s film business and provide more content for cinema operators, although the initiative depends partly on the Warner Bros. Discovery merger being completed. Paramount’s 30-film promise
• Positive Sentiment: Paramount’s decision to impose monthly Claude usage limits for technology employees signals an effort to control artificial-intelligence costs and improve spending efficiency. The financial impact is likely modest but directionally supportive. Paramount limits Claude usage
• Neutral Sentiment: Executives David Ellison and Andy Gordon sold shares to cover taxes but retained substantial stakes, reducing concerns that the transactions represent a broad loss of insider confidence. Paramount insiders retain stakes despite tax sales
• Negative Sentiment: The Warner Bros. Discovery transaction remains tied up in litigation and cannot close until after a trial verdict or a specified 2027 deadline. Congressional scrutiny and opposition from state attorneys general add execution risk. Paramount CEO invited to House interview

Analyst Upgrades and Downgrades

Several research firms have commented on PSKY. Wells Fargo & Company cut their price objective on Paramount Skydance from $8.00 to $7.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 5th. UBS Group decreased their target price on Paramount Skydance from $10.00 to $8.00 and set a “sell” rating for the company in a research report on Wednesday, August 5th. Arete Research reiterated a “sell” rating and issued a $2.00 target price on shares of Paramount Skydance in a research note on Thursday, July 9th. TD Cowen dropped their target price on Paramount Skydance from $13.00 to $8.00 and set a “hold” rating on the stock in a report on Wednesday, August 5th. Finally, Benchmark reduced their price target on Paramount Skydance from $19.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and eight have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $11.38.

About Paramount Skydance

Paramount Skydance Media Group (Nasdaq: PSKY) is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.